Ghana issues third Eurobond

Ghana has successfully issued its third Eurobond. Government issued 1 billion dollars which was oversubscribed. The USD1 billion bond has a twelve (12) year maturity, with a coupon at a rate of 8.125%. The bond matures in 2026. The $1 billion Eurobond will be used to fund capital expenditure in the 2014 Budget. It will ...